- December 21, 2020 Do we get tax benefits on Personal Loan?
- December 18, 2020 The solicitors Preston depends on for stress-free compensation claims
- December 16, 2020 eToro: History and Key Features
- December 11, 2020 Canadian Dollar Pauses 2020 Rally Against US Peer Amid Falling Crude Prices
- December 11, 2020 Pound Crashes Against Dollar As No-Deal Brexit Appears Imminent
- December 11, 2020 USD/JPY 104.57 High Starting a New Bearish Leg?
Day: October 12, 2017
October 122017
Pound Jumps on Rumors About Brexit Deal
The Great Britain pound jumped, erasing previous losses, today after the unconfirmed report that Britain may be offered by the European Union a two-year transition deal that will make it easier for the country to depart from the EU. The final date for Britain’s exit from the Union is March 2019. Yet according to German newspaper Handelsblatt, EUâs chief Brexit negotiator Michel Barnier said that he is ready […]
Read more
October 122017
Pound Jumps on Rumors About Brexit Deal
The Great Britain pound jumped, erasing previous losses, today after the unconfirmed report that Britain may be offered by the European Union a two-year transition deal that will make it easier for the country to depart from the EU. The final date for Britain’s exit from the Union is March 2019. Yet according to German newspaper Handelsblatt, EUâs chief Brexit negotiator Michel Barnier said that he is ready […]
Read more
October 122017
EUR/USD Slips After Four Sessions of Gains
EUR/USD fell today, driven down by a range of factors, solid US economic data released over the current session being one of them. Yesterday, the currency pair rose for the fourth consecutive trading session as FOMC meeting minutes came out unexpectedly dovish, though most market participants continued to anticipate a December rate hike. PPI rose 0.4% in September, exactly as analysts predicted, after rising 0.2% in August. (Event A on the chart.) […]
Read more
October 122017
Euro Weak amid ECB Uncertainty
The euro fell against its most-traded rivals today, reversing gains versus the Great Britain pound that were registered earlier during the current trading session. The exception was the Swiss franc, against which against the euro rallied for the fifth straight day, though the gains were small and may yet turn to losses by the end of Thursday’s trading (update: EUR/CHF trades at the opening level currently). Markets are counting on an announcement of a stimulus […]
Read more
October 122017
Euro Weak amid ECB Uncertainty
The euro fell against its most-traded rivals today, reversing gains versus the Great Britain pound that were registered earlier during the current trading session. The exception was the Swiss franc, against which against the euro rallied for the fifth straight day, though the gains were small and may yet turn to losses by the end of Thursday’s trading (update: EUR/CHF trades at the opening level currently). Markets are counting on an announcement of a stimulus […]
Read more
October 122017
Canadian Dollar Declines Against US Dollar on Positive US Data
The Canadian dollar today declined against the US dollar following the release of upbeat US data and a rebound in the US dollar. The release of the Canadian housing price index in the early North American session also contributed to the loonie’s overall weakness. The USD/CAD currency pair started today’s session on a dip then rallied higher from its daily lows to hit a high of 1.2490, but had retraced some of its gains at the time of writing. The weaker […]
Read more
October 122017
Canadian Dollar Declines Against US Dollar on Positive US Data
The Canadian dollar today declined against the US dollar following the release of upbeat US data and a rebound in the US dollar. The release of the Canadian housing price index in the early North American session also contributed to the loonie’s overall weakness. The USD/CAD currency pair started today’s session on a dip then rallied higher from its daily lows to hit a high of 1.2490, but had retraced some of its gains at the time of writing. The weaker […]
Read more
October 122017
US Dollar Rises as Fresh Data Boosts Inflation Outlook
The US dollar climbed against other major currencies on Thursday as investors became more confident that the US inflation is picking up. The improved inflation outlook supported the Federal Reserveâs case for an interest rate increase before the end of the year. A fresh reading for a major inflation indicator that was released by the US Bureau of Labor Statistics earlier today has revealed a stronger rate than analysts expected. The producer price index […]
Read more
October 122017
US Dollar Rises as Fresh Data Boosts Inflation Outlook
The US dollar climbed against other major currencies on Thursday as investors became more confident that the US inflation is picking up. The improved inflation outlook supported the Federal Reserveâs case for an interest rate increase before the end of the year. A fresh reading for a major inflation indicator that was released by the US Bureau of Labor Statistics earlier today has revealed a stronger rate than analysts expected. The producer price index […]
Read more
October 122017
GBP/USD Posts Massive Losses on Brexit Headlines
The GBP/USD currency pair today posted massive losses on renewed Brexit worries after comments from the EU’s chief negotiator, Michel Barnier. The possibility of a hard Brexit was further confirmed by comments from the UK’s Brexit minister, David Davis. The GBP/USD currency pair lost over 140 points at the height of its decline in the hours following the joint press conference. The pound’s massive decline against the US dollar was occasioned by comments […]
Read more